- Passionate about balancing physical health with mental and emotional wellness
- Swimming
- Enjoy hobbies that combine physical activity with outdoor exploration
- President of Shore Archery Club and avid Olympic Recurve Archer
- Sports in general
- Triathlon
Stuart Martin
Auckland,New Zealand
Summary
Substantial experience in leading operations to enhance operational performance and achieve corporate goals. Results-oriented and accomplished leader with expertise in high value complex projects in multiple jurisdictions working with a range of organisations with significant global footprints. Background in staff development and supervision; recruiting, leading, and motivating high-performing teams committed to achieving collective goals and shared vision. Experience with mergers, acquisitions and disposals, with strong relationship building expertise.
Overview
22
22
years of professional experience
Work History
Interim Regional Risk Lead – Northern Region
Te Whatu Ora/ HealthNZ
- Responsible for developing and implementing a regional approach to risk management while supporting the Head of Risk Management design and implement and Enterprise Risk approach, including risk framework, appetite and training and guidance documentation.
- Reporting to both the Head of Risk Management and Regional DCE to coordinate and ensure regional and district adoption of National Risk Framework.
- Developing a consolidated regional risk register for the to provide an informed and comprehensive risk profile for the Regional Leadership Team.
- Supporting Line 1 functions within the districts with onboarding of risk management staff, as well training, development and uplifting risk maturity across the District.
- Provided review, challenge and assurance on district, regional function and SME risk registers.
- Auditing the progress of districts on the implementation of the 2024 Policy and Framework.
- Contributing to National Risk Framework and Software development to produce a single approach to risk management across the organisation.
- Supporting the Head of Risk Management on ad hoc projects to improve risk governance and maturity with Health New Zealand.
- Developed and rolled out the organisation-wide eLearning programme to improve the basic understanding of risk management and how to implement the new Framework.
Loki Risk Solutions Ltd
- Reported to the director of resources and group audit committee, while managing daily operations.
Group Risk & Assurance Manager
KiwiRail Group
02.2021 - 11.2024
- Overall responsibility for KiwiRail’s Enterprise Risk Management Policy & Framework, Internal Assurance processes and Business Continuity Management
- Responsible for developing, implementing and maintaining the enterprise-wide risk management strategy framework including the deployment of an ERM Software tool, aligned to supporting organisational business strategies, to achieve and maintain the highest standards of risk management, assurance and compliance.
- Developing and managing the Internal Audit/Assurance process utilising the COSO 3 Lines approach, engaging with key senior executives to undertake risk-based reviews, and ensuring findings are communicated with improvement actions implemented.
- Providing subject matter expert advice to the KiwiRail Board, Board Sub-Committees and Executive team on risk management matters, supporting the business in development and execution of required remedial action to mitigate risk for the organisation.
- Engage with External Auditors (AuditNZ) to understand key Shareholder concerns and issues, ensuring all recommendations from Audit NZ are allocated to key stakeholders and actioned appropriately.
- Develop Business Continuity Policy & Framework for KiwiRail operations, rolling out and embedding best practice.
- Responsible for the renewal and maintenance of Corporate Policies, engaging with key stakeholders across all aspects of the business to update or re-write the policies. For the finance policies, re-write or update as appropriate.
- Engaging directly with the Chair of the Risk, Audit and Assurance Committee (RAAC), managing the quarterly RAAC meetings and undertaking confidential Board directed reviews.
- Managing the PCI DSS compliance process across KiwiRail’s operations.
- Developing and managing KiwiRail’s response to the OAG Integrity Framework.
- Updating and refreshing the Fraud, Theft, Bribery and Corruption policy, framework and approach.
Risk Management Consultant
PIB Group plc
02.2020 - 01.2021
- Providing risk management consultancy services to clients.
- Advising clients on risk management processes and protocols, providing audit, implementation and training packages for a range of SME businesses covering various industry sectors.
Head of Operational Risk Management & Insurance
Bombardier Inc.
09.2010 - 07.2019
- Held overall accountability for the group operations across 60 territories outsides of USA; reported to global head of risk management and insurance in corporate headquarters, Montreal.
- Played a significant role in high value, complex infrastructure bids (including PFI/PPP Projects) and projects, involving the creation of risk and assurance frameworks, managing insurance budgets. As a member of numerous SPV Management and Project Governance Boards I was involved in the management of both delivery and operational phases of the Projects.
Interim AVP Risk Management
AET Tankers Ltd
10.2009 - 08.2010
- Managed risk management operations across the global; report to chief administration officer.
- Developed overall Enterprise Risk Policy, including audit and compliance regimes, and training programme at both strategic and operational levels. Established a financial risk function, controlling fuel hedges and freight forward contracts to alleviate the pressure on cash flows. Formulated and executed a business continuity framework for the global operations. Collaborated efficiently with parent companies (MISC and PETRONAS) on specific risk projects, including formulation of core competencies for RM functions within the parent companies and creation of a training package to be incorporated within the PETRONAS University.
Interim Risk & Compliance Manager
AmicusHorizon Group Ltd
06.2008 - 01.2009
- Managed a high-performing outsourced internal audit team, improving processes, controls and visibility of the function. Reviewed and responded to the recommendations, arising from a group-wide audit in the light of a suspected fraud. Critically evaluated risk management and internal audit systems to confirm fit for purpose as part of restructuring process. Managed the responses to a group-wide audit requiring the co-ordination and co-operation of the various head office functions and operational business units reporting directly to the Board of Directors and Audit and Risk Committee.
- Key Accomplishments:
- Improved and enabled the implementation of risk management strategy through the creation of a new framework, audit regime, education, and support package.
Head of Group Risk
National Express Group Plc.
01.2003 - 12.2007
- Oversaw UK team and international teams in North America and Spain; reported to group finance director.
- Reviewed and revised the Enterprise Risk Management process ensuring fit-for-purpose, producing in-depth training programmes for implementation and execution. Employed risk financing programmes and bridged the communication gap between Guernsey Financial Services Commission, UK Financial Services Authority, and New York State attorney general as part of the risk financing structure audit, while acting as director of the group captive insurance company. Designed affinity products, such as travel insurance and home insurance for NX customer base with a market leading global insurer. Formulated a business continuity planning template and training pack following ISO 31000 standards, which executed across the group. Drafted annual report, as member of the corporate social responsibility committee, building to deal with changing legislation proposed by UK government on the back of Sarbanes Oxley legislation in the US. Coordinated with rail bid team when tendering for rail franchises. Managed the outsourced Internal Audit team providing assurance to the Audit & Risk Committee.
- Key Accomplishments:
- Devised and implemented a risk management strategy, created internal policy/procedures, and persuaded senior management of value in implementation through educating staff from board level to shop floor.
- Developed a risk-based dimension to the mergers, acquisitions, disposals process as part of the due diligence team for multiple small acquisitions and disposals in the UK, US, Canada, and Spain.
- Managed the outsourced Internal Audit function providing delivery and strategy to the Audit & Risk Committee.
- Managed the Group’s Captive Insurance company (valued at circa. USD500M), based in Guernsey ensuring compliance with GFSC and FCA.
- Modernised global risk financing programme, including placement of a global finite cross class, as well as multiyear and multi jurisdiction insurance programme, saving the Group c£25M over the period.
- Decreased 10% claims across the group’s portfolio (valued at £35M) by reviewing existing claims handling service providers and making wholesale changes across the UK and US operations.
- Established original cross-class programme and insurer relationship to place and improve programme, which allow a further £15M in premium savings over the next three years.
Education
LLM - Internet Law & Policy/IT & Telecommunications Law
University of Strathclyde
MBA - Finance
Durham University
Master of Ethics and Legal Studies - Business
Charles Sturt University
BA - Risk Management
Glasgow Caledonian University
Skills
- Developing & Embedding Governance, Risk & Compliance Frameworks & Culture
- Stakeholder relationship management
- Cross-functional Team Leadership
- Business Development & Management
- Strategic Planning & Analysis
- Regulatory Compliance & Relationship Management
- Contract & Project Management
- Strategic business improvement
- Effective relationship management
- Mergers, Acquisitions, & Disposals
- Insurance, Claims, & Financial Management
- Audit Planning & Management
- Insurance Captive Management & Regulation
- Friendly, positive attitude
- Teamwork and collaboration
- Customer service
- Problem-solving
- Attention to detail
- Flexible and adaptable
- Dependable and responsible
- Multitasking
- Excellent communication
- Critical thinking
Affiliations
- Institute of Risk Management
- Chartered Institute of Management Accountants
- Chartered Institute of Internal Auditors
- Institute of Directors NZ
- Chartered Institute of Insurers
Interests
Timeline
Group Risk & Assurance Manager
KiwiRail Group
02.2021 - 11.2024
Risk Management Consultant
PIB Group plc
02.2020 - 01.2021
Head of Operational Risk Management & Insurance
Bombardier Inc.
09.2010 - 07.2019
Interim AVP Risk Management
AET Tankers Ltd
10.2009 - 08.2010
Interim Risk & Compliance Manager
AmicusHorizon Group Ltd
06.2008 - 01.2009
Head of Group Risk
National Express Group Plc.
01.2003 - 12.2007
Interim Regional Risk Lead – Northern Region
Te Whatu Ora/ HealthNZ
Loki Risk Solutions Ltd
MBA - Finance
Durham University
Master of Ethics and Legal Studies - Business
Charles Sturt University
BA - Risk Management
Glasgow Caledonian University
LLM - Internet Law & Policy/IT & Telecommunications Law
University of Strathclyde
Awards
European Risk Management Risk Financing Programme of the Year 2007 – commendation., European Risk Management Awards ‘Industry Newcomer of the Year 2000, Chaired ‘Risk Managing Your E-Commerce Strategy’ conference in December 2000, Presenter at ‘E-Risk’ conference in June 2001 on E-Commerce Risk, Presenter at ‘www.risk’ conference in April 2001 on E-Commerce Risk, Workshop leader at FERMA conference in June 2002 on E-commerce Risk, Workshop leader at AIRMIC conference in June 2001 on E-commerce Risk
Additional Experience
- Group Risk & Insurance Manager, Hanson Plc., London, UK
- Group Insurance Manager, Balfour Beatty Plc., London, UK
- Corporate Risk Manager, BAE Systems Plc., Farnborough, UK
- Officer, Fleet Air Arm, Royal Navy, UK
- Non-Executive Director Roles: Chairman, Risk Assurance Committee, Scouts Association
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